Daniels CentralOffice LLC
Daniels CentralOffice LLC is located in Woodstock, IL, and the SBA lists its industry as Offices of Certified Public Accountants. It was approved for an SBA 7(a) loan of $613,000 for a change of ownership on May 19, 2025.
SBA 7(a) loan, change of ownership, approved May 19, 2025
- Gross approval
- $613,000
- SBA-guaranteed amount
- $459,750 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.25%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- May 19, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,197 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 3, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Mchenry County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 12% of acquisition loans in Offices of Certified Public Accountants on this site.
- Average acquisition loan in Offices of Certified Public Accountants: $1,327,217.
- Average acquisition loan in Illinois: $1,796,780.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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